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Unifi Sales Rise for Fifth Straight Quarter as Higher Raw Material Costs Hit Profits

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Unifi Inc. knit together gains in revenue and income on strong product demand, but cost pressures cut into operating profits. In a Nutshell: Unifi Inc., the Greensboro, N.C.-based yarn manufacturer, was able to achieve solid increases in net sales and income in the fourth quarter despite having to deal with ongoing pressure as a result…

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